EV vs gas

Is an EV actually cheaper than gas where you live?

The answer swings by over $1,553 a year between states. Pick yours for a 2026 comparison that includes public charging and charging losses — the two things most calculators leave out.

Choose your state

Ranked by how much an EV saves on fuel each year.

Wyoming$4.13
EV saves$2,023/yr
5-yr difference$10,117
Montana$4.29
EV saves$1,561/yr
5-yr difference$7,807
New Mexico$3.97
EV saves$1,551/yr
5-yr difference$7,755
Missouri$3.78
EV saves$1,548/yr
5-yr difference$7,738
North Dakota$3.88
EV saves$1,504/yr
5-yr difference$7,521
Utah$4.25
EV saves$1,495/yr
5-yr difference$7,475
Idaho$4.31
EV saves$1,459/yr
5-yr difference$7,296
Nevada$4.80
EV saves$1,457/yr
5-yr difference$7,287
Mississippi$3.65
EV saves$1,398/yr
5-yr difference$6,991
Oklahoma$3.69
EV saves$1,376/yr
5-yr difference$6,880
Arkansas$3.73
EV saves$1,339/yr
5-yr difference$6,697
Georgia$3.86
EV saves$1,314/yr
5-yr difference$6,572
South Dakota$3.99
EV saves$1,306/yr
5-yr difference$6,529
Washington$5.13
EV saves$1,306/yr
5-yr difference$6,530
Arizona$4.44
EV saves$1,300/yr
5-yr difference$6,502
Oregon$4.65
EV saves$1,286/yr
5-yr difference$6,430
Nebraska$3.90
EV saves$1,278/yr
5-yr difference$6,391
Alabama$3.73
EV saves$1,253/yr
5-yr difference$6,264
Louisiana$3.66
EV saves$1,238/yr
5-yr difference$6,190
Tennessee$3.67
EV saves$1,230/yr
5-yr difference$6,149
Kentucky$3.69
EV saves$1,221/yr
5-yr difference$6,104
Kansas$3.75
EV saves$1,186/yr
5-yr difference$5,929
California$5.66
EV saves$1,184/yr
5-yr difference$5,919
Indiana$3.60
EV saves$1,172/yr
5-yr difference$5,858
North Carolina$3.79
EV saves$1,168/yr
5-yr difference$5,842
Virginia$3.92
EV saves$1,157/yr
5-yr difference$5,786
Iowa$3.81
EV saves$1,152/yr
5-yr difference$5,758
Minnesota$3.94
EV saves$1,138/yr
5-yr difference$5,689
West Virginia$3.88
EV saves$1,123/yr
5-yr difference$5,613
Wisconsin$3.96
EV saves$1,123/yr
5-yr difference$5,617
Florida$3.83
EV saves$1,095/yr
5-yr difference$5,474
Michigan$4.35
EV saves$1,069/yr
5-yr difference$5,347
Ohio$4.08
EV saves$1,068/yr
5-yr difference$5,341
Texas$3.60
EV saves$1,051/yr
5-yr difference$5,257
Illinois$4.34
EV saves$1,048/yr
5-yr difference$5,238
Vermont$4.20
EV saves$1,048/yr
5-yr difference$5,242
Colorado$4.11
EV saves$1,045/yr
5-yr difference$5,223
South Carolina$3.66
EV saves$1,025/yr
5-yr difference$5,125
Maryland$4.15
EV saves$995/yr
5-yr difference$4,976
Delaware$4.16
EV saves$937/yr
5-yr difference$4,686
Alaska$4.74
EV saves$900/yr
5-yr difference$4,498
Pennsylvania$4.21
EV saves$866/yr
5-yr difference$4,331
New Jersey$4.13
EV saves$789/yr
5-yr difference$3,947
Maine$4.12
EV saves$737/yr
5-yr difference$3,683
Hawaii$5.45
EV saves$731/yr
5-yr difference$3,654
New Hampshire$4.08
EV saves$724/yr
5-yr difference$3,620
Connecticut$4.20
EV saves$643/yr
5-yr difference$3,215
Massachusetts$4.12
EV saves$643/yr
5-yr difference$3,213
New York$4.22
EV saves$565/yr
5-yr difference$2,823
Rhode Island$4.09
EV saves$514/yr
5-yr difference$2,572
District of Columbia$4.24
EV saves$470/yr
5-yr difference$2,352

An EV's running cost is set by two numbers moving in opposite directions: what you pay for electricity and what you would have paid for gasoline. Wyoming comes out best because it pairs expensive fuel with relatively cheap power. District of Columbia is the weakest for the reverse reason.

The third factor is where you plug in. Public fast charging costs several times the residential rate, so an owner without a driveway can pay double what a home charger pays for the same miles. That single variable decides more arguments about EV running costs than anything else.

Fuel costs only — excludes purchase price, depreciation, insurance and maintenance.

Data vintage: Electricity: EIA Electric Power Monthly Table 5.6.B (residential, May 2026 YTD). Solar resource: PVGIS v5.3 (EU JRC), ERA5 2005-2023. Gasoline: AAA state averages. Natural gas: EIA residential by state. Heating degree days: NOAA CPC population-weighted normals. Residential consumption: EIA Electric Sales, Revenue, and Average Price Table 5.A, average monthly kWh per residential customer, 2024. Vehicle miles: FHWA Highway Statistics 2023. Retrieved 2026-08-03/04 and 2026-08-21. Install costs, net-metering status, time-of-use spreads and outage hours remain estimates.